Participating Stockholder definition

Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

Participating Stockholder has the meaning set forth in Section 3.7(a).

Participating Stockholder has the meaning set forth in Section 4.2(a).

Examples of Participating Stockholder in a sentence

• The undersigned New Participating Stockholder hereby constitutes and appoints Xxxxxx X.

• Class B Shares shall not be contributed to the Partnership unless each Partner is a Permitted Transferee, eligible to be a Partner of the Partnership without causing such Class B Shares to be converted into Class A Shares pursuant to the applicable Certificate of Incorporation and a Participating Stockholder with respect to the applicable Company.

• Xxxxxx Associates HBB, L.P. By: Xxxxxx Management, Inc., its Managing Partner (a new Participating Stockholder) Name: /s/ Xxxxxx X.

• The New Participating Stockholder acknowledges that the Corporation and each Participating Stockholder is a beneficiary of this Amendment.

• The Stockholders’ Agreement is hereby amended to add the New Participating Stockholder as a Participating Stockholder.

More Definitions of Participating Stockholder

Participating Stockholder means any Family Member, Charitable Organization or Participating Stockholder Organization which has executed a counterpart of this Agreement and delivered a copy thereof to all other Participating Stockholders, any Family Member, Charitable Organization or Participating Stockholder Organization, which hereafter executes and delivers an Amendment, and is bound by the terms hereof. With regard to the definition of “Participating Stockholder,” the following also shall apply:

Participating Stockholder means, with respect to any Registration, any Stockholder of Registrable Securities covered by the applicable Registration Statement.

Participating Stockholder shall have the meaning set forth in Section 5(b).

Participating Stockholder means each person who is a holder of Preferred Stock immediately prior to the Closing.

Participating Stockholder shall have the meaning set forth in Section 2.05(c) hereof.

Participating Stockholder means a Company Stockholder that will be entitled to receive at the Effective Time an amount of Merger Consideration greater than zero in respect of the Company Capital Shares held by such Company Stockholder.

Participating Stockholder shall have the meaning ascribed to it in Section 11.3(a)(i).